Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $573,500.
The upward trend in home prices in WEST WOOMBYE, 4559 averaged 11.65% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in WEST WOOMBYE.
An average of 1.5 real estate transactions take place per month in WEST WOOMBYE which translates to 18 per annum.
18 properties were sold in WEST WOOMBYE in 2016, making it the 595th most active market in QLD based on total real estate transactions.
WEST WOOMBYE, 4559 places 774th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.97%||N/A|
|Median 3 years||34.94%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||5.23%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||117.3 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|